The Office of the Comptroller of the Currency announced a $500,000 civil money penalty against American Express Bank, FSB, for violations of section 5 of the Federal Trade Commission Act and ordered the bank to provide approximately $6 million in restitution to an estimated 17,000 affected customers. For more info visit http://occ.gov/news-issuances/news-releases/2012/nr-occ-2012-137.html